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on January 1 2012 Luna company issued bonds with a face value of 300,000 at 95. The bonds will mature in 5 years. interest at

on January 1 2012 Luna company issued bonds with a face value of 300,000 at 95. The bonds will mature in 5 years. interest at 9% was payable in cash on December 31 of each year. the discount will be amortized using the straight line method. based on this information, the amount of interest expense shown 2012 income statement would be.

30,000 27,000 35,000 25,650

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